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said that for incomes over $250,000 a year, that we should go back to the rates that we had when bill clinton was president, when we created 23 million new jobs, went from deficit to surplus and created a whole lot of millionaires to boot. and the reason this is important is because by doing that, we cannot only reduce the deficit, we cannot only encourage job growth through small businesses, but we're able to make the investments that are necessary in education, or in energy. and we do have a difference, though, when it comes to definitions of small business. under my plan, 97% of small businesses would not see their income taxes go up. governor romney says, well, the top 3%, they're the job creators, they'd be burdened. but under governor romney's definition, there are millionaires and billionaires who are small business. donald trump is a small business. i know donald trump doesn't like to think himself as small anything, but but that's how you define small businesses, if you are getting business income. and that kind of approach, i believe, will not grow our economy, because the only way
said that for incomes over $250,000 a year, that we should go back to the rates that we had when bill clinton was president, when we created 23 million new jobs, went from deficit to surplus and created a whole lot of millionaires to boot. and the reason this is important is because by doing that, we cannot only reduce the deficit, we cannot only encourage job growth through small businesses, but we're able to make the investments that are necessary in education, or in energy. and we do have a...
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bill clinton tried the approach i am talking about. we created 23 million new jobs, but from deficit to surplus, and businesses did well. in some ways we have some data on which approach is more likely to create jobs and opportunity for americans. i believe that the economy works best when middle-class families are getting tax breaks and those of us who have done well because of this magnificent country we live in that we can afford to do more to make sure we are not blowing up the deficit. >> he gets the first word of that segment. let me make this comment. let me repeat what i said. i am not in favor of a $5 trillion tax cut. my plan is not to put in place any tax cut that will add to the deficit. that is not my plan. let's look at history. my plan is not like anything that has been tried before. my plan is to bring down rates and credit so the revenue stays in but we bring down rates to get more people working. my priority is putting people back to work in america. they are suffering. look at the evidence of the last four years. it
bill clinton tried the approach i am talking about. we created 23 million new jobs, but from deficit to surplus, and businesses did well. in some ways we have some data on which approach is more likely to create jobs and opportunity for americans. i believe that the economy works best when middle-class families are getting tax breaks and those of us who have done well because of this magnificent country we live in that we can afford to do more to make sure we are not blowing up the deficit....
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it came from bill clinton's chief of staff. we canys let's see if get competition into the medicare world so people can get the choice of different plans at lower cost, better policy is a quality. i believe in competition. >> every study has shown matters here -- medicare has the word administrative cost. this is why seniors are generally happy with it. private insurers have to make a profit. that is what they do. you have higher administrative costs plus profit on top of that. if you were going to save any money to what governor romney is proposing, what has to happen is that the money has to come from somewhere. when you move to a voucher system, you are putting seniors at the mercy of those insurance companies. over time, it traditional medicare has decayed, they are stuck. this is why aarp has said your plan would begin medicare substantially. that is why they were supportive of the approach we took. we do have to lower the cost of health care. >> we will talk about that in a minute. >> overall. quote that is a big topic. -
it came from bill clinton's chief of staff. we canys let's see if get competition into the medicare world so people can get the choice of different plans at lower cost, better policy is a quality. i believe in competition. >> every study has shown matters here -- medicare has the word administrative cost. this is why seniors are generally happy with it. private insurers have to make a profit. that is what they do. you have higher administrative costs plus profit on top of that. if you...
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bill clinton created the approach i am talking about. we went from deficit to surplus, and businesses did very well. in some ways, we have some data on which approach is more liiely to create jobs and opportunities for americans, and i believe the economy works best when middle- class families are getting tax breaks so they have some money in their pockets, and those of us who have done extraordinarily well because of this magnificent country that we live in, we can pfford to do a little bit more to make sure we are not blowing up the deficit. >> it is the first word that segment, i get the last word of that segment. let me repeat what i said. i am not in favor of a $5 trillion tax cut. my plan is not to put in place in the tax cut that will add to the deficit. number two, let's look at history. my plan is not like anything that has been tried before. my plan is to bring down rates but also bring down deductions and exemptions and credits at the saae time. the revenue stays in, but we bring down rates tt get more people working. my prior
bill clinton created the approach i am talking about. we went from deficit to surplus, and businesses did very well. in some ways, we have some data on which approach is more liiely to create jobs and opportunities for americans, and i believe the economy works best when middle- class families are getting tax breaks so they have some money in their pockets, and those of us who have done extraordinarily well because of this magnificent country that we live in, we can pfford to do a little bit...
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bill clinton troyed the approach i am talking about. we created 23 million newions, we went from deficit to surplus and businesses did very well. so in some ways, we have some data on which approach is more like lie to create jobs and opportunity for americans. and i believe that the economy works best when middle-class families are getting tax breaks so they have money in their pockets and those of us who have done extraordinarily well because of this magnificent country that we live in, that we can afford to do a little bit more thotomake sure we are want blowing up the deficit. >> reporter: the president began , -- >> i think i get the last word. let me make this comment -- [overlapping dialogue] >> jim: let -- >> i am not in favor of a $5 trillion tax cut. that's not my plan. my plan is not to put into place any tax cut that increases the deficit. you may keep referring to it as a $5 trillion tax cut. but that's not my plan. let's look at history. my plan is not like anything that has been tried before. my plan is to bring down rate
bill clinton troyed the approach i am talking about. we created 23 million newions, we went from deficit to surplus and businesses did very well. so in some ways, we have some data on which approach is more like lie to create jobs and opportunity for americans. and i believe that the economy works best when middle-class families are getting tax breaks so they have money in their pockets and those of us who have done extraordinarily well because of this magnificent country that we live in, that...
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bill clinton coined the approach i'm talking about. created 23 million new jobs, went from deficit to surplus, and businesses did very well. so in some ways we've got some data on which approach is more likely to create jobs and opportunity for americans, and i believe that the economy works best when middle class families are getting tax breaks so they've got money in their pockets, and those of us who have done extraordinarily well because of this magnificent country that question live in, that we can afford to do a little more to make sure we're not blowing up the deficit. >> the president began this segment, so i think i get the last word. so i'm going to take it. >> you'll get the first word in the next segment. >> he gets the first word in this segment, i get the last word i hope. >> that's okay. >> i'm not in favor of a $5 trillion tax cut. that's not my plan. i'm not putting in place any tax cut that will add to the deficit. that's point one. you can keep referring to a $5 trillion tax cut, but that's not my plan. >> okay. >> l
bill clinton coined the approach i'm talking about. created 23 million new jobs, went from deficit to surplus, and businesses did very well. so in some ways we've got some data on which approach is more likely to create jobs and opportunity for americans, and i believe that the economy works best when middle class families are getting tax breaks so they've got money in their pockets, and those of us who have done extraordinarily well because of this magnificent country that question live in,...
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bill clinton tried the approach that i'm talking about. we created 23 million new jobs went from deficit to surplus, and businesses did very well. so in some ways we have data on which approach is more likely to create jobs and opportunity for americans, and i believe the economy works best when middle class families are getting tax breaks so they have money in their pockets, and those of us who have done extraordinarily well because of this magnificent country that we live in, that we can do more -- >> romney: jim the president started this segment. so i get the last word. >> you get the first word of the next segment. >> romney: i'm not in favor of a $5 trillion tax cut. that's not my plan. that's .1. so you may keep referring to it as a $5 trillion tax cut. but that's not my plan. number 2, let's look at history. my plan is not like anything that has been tried before. my plan is to bring down rates and also bring down deductions exemptions and credits at the same time so the revenue stays in. my priority is putting people back to work
bill clinton tried the approach that i'm talking about. we created 23 million new jobs went from deficit to surplus, and businesses did very well. so in some ways we have data on which approach is more likely to create jobs and opportunity for americans, and i believe the economy works best when middle class families are getting tax breaks so they have money in their pockets, and those of us who have done extraordinarily well because of this magnificent country that we live in, that we can do...
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paul ryan does for all the welfare programs what clinton did, speaking of clinton. the one thing he did in the presidency rather than bringing us the republican house and senate, the other good thing he did was welfare reform. block granting welfare to the states. that's what the ryan plan does to save money. and that's how we balance the budget without raising taxes. >> but paul ryan has disavowed the ryan plan. mitt romney is not bound he says by the ryan plan. mitt romney has offered a plan that is actually has so little in that you can't even run the numbers. i mean, if you have a plan that is basically filled with empty magic asterisks you can't analyze whether this will deal with a budget deficit in the future. the independent tax policy center said in fact -- >> it's a left wing group, for crying out loud. it's a left wing group. >> -- tonight on taxes. good to see you both. thanks for your time. as the president and governor romney make their final preps, corporate america gets their chance to weigh in. >> when we come back, the former president and coo of v
paul ryan does for all the welfare programs what clinton did, speaking of clinton. the one thing he did in the presidency rather than bringing us the republican house and senate, the other good thing he did was welfare reform. block granting welfare to the states. that's what the ryan plan does to save money. and that's how we balance the budget without raising taxes. >> but paul ryan has disavowed the ryan plan. mitt romney is not bound he says by the ryan plan. mitt romney has offered a...
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then the debate between bill clinton and ross perot. then a debate in the missouri senate race. >> september 11 is a day that changed my life, it changed your life as well. i'm going to go through what transpired that day. it gets very intense. a lot of things happened very quickly. i will do my best not to ramble on and go too fast. i would ask you to sit back, clear your minds, and put yourself in that room, and you will get an idea what it was like to be at the top of the food chain, the national command authority as a nation of 300 million americans was attacked by 19 al-qaeda terrorists. >> more from retired lieutenant colonel robert darling "inside the president's bunker" this weekend on c-span 3. >> the reason i like it, is it because c-span just gives you the news straight up. it is, i would say, one of the most historical archives there are. i primarily watch "washington journal" house of representatives proceedings, c-span 2. >> jake young watches c-span on wow. c-span created by america's cable companies brought
then the debate between bill clinton and ross perot. then a debate in the missouri senate race. >> september 11 is a day that changed my life, it changed your life as well. i'm going to go through what transpired that day. it gets very intense. a lot of things happened very quickly. i will do my best not to ramble on and go too fast. i would ask you to sit back, clear your minds, and put yourself in that room, and you will get an idea what it was like to be at the top of the food chain,...